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So, Tea Party economics has cut 1,000 points off the Dow

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LuckyTheDog Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 07:38 AM
Original message
So, Tea Party economics has cut 1,000 points off the Dow
How's that tea taste now, America?
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 07:42 AM
Response to Original message
1. Dumberica will lap it up like sweet apple urine if it means "stickin' it to dem lib'ruls!"
Never mind that, aside from a Sherrod Brown or Bernie Sanders here and a Marcy Kaptur there, the majority of our legislative and executive branches can't even be REMOTELY described as "liberal" . . . even the ones with "D"s in their parentheses.

Remember, the TeaHadists are not peasants. They're "temporarily embarrassed millionaires".
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Ready4Change Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 07:55 AM
Response to Original message
2. Only 11,000 to go!
.
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 08:12 AM
Response to Reply #2
4. I didn't need my retirement money, did I? Or my social safety net.
Might as well go to a gun show, buy a gun, and shoot myself now. I'd be just the teabaggin foot shooters.
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 08:11 AM
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3. "Keep your gummint offa mah Medicare!" morons. nt
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MattSh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 08:45 AM
Response to Original message
5. WRONG!
In early 2009, the Dow closed at 6626. It's 2011 high was 12,928, a 95% gain over it's 2009 low. So let me ask you. Did your economic situation improve anywhere near 95% during those three years? 25%? 5%?

No, that 95% gain in no way reflected the real world economy. It was just another bubble. It was going to pop, and will pop even more, regardless of what anyone does, because it was and still is an illusion.

That is all...
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JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 08:49 AM
Response to Reply #5
7. What was it in 2007?
The OP is correct.
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FLAprogressive Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-03-11 08:46 AM
Response to Original message
6. the new talking point is now that it "wasn't austere enough"
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